Utility Benchmarking | Multifamily Utility Company

Track utility consumption and cost on an ongoing basis.

Utility benchmarking services can be added to your Multifamily Utility Company account.

Know where you stand.

Utility benchmarking is needed to apply for green loans.

Hassle free.

We’ll take care of everything.

Utility Benchmarking

Utility benchmarking is the process of tracking, analyzing, and reporting the costs and consumption associated with a property. This information is then used to compare to similar properties for the purpose of identifying potential improvements. Changes in performance are tracked over time. Utility benchmarking is a fundamental part of a residential asset management program.

 Benefits of Utility Benchmarking

  • Energy savings up to $1 per square foot
  • Increased asset valuation, as much as $13 per square foot
  • Understand the energy and water performance of the property
  • Reduction of operating expenses
  • Identify areas for improvement and future cost savings
  • Isolate billing errors
  • Identify malfunctioning equipment
  • Participate in incentives for energy- and water-saving improvements
  • Apply for green loans
  • We handle regulatory compliance on your behalf
  • Provide an attractive benefit for conservation-minded residents

If you’re wondering if utility benchmarking applies to you, here are the current requirements:

If you own multifamily property in California, you may be required to benchmark. Starting June 1, 2019, multifamily buildings with more than 50,000 square feet of gross floor area, and properties with more than seventeen residential meters are required to benchmark their utilities.

Utility benchmarking started in Austin, Texas, in 2008, for properties with 5+ units. Since then, many other cities have added a requirement for benchmarking:

  • Atlanta, 25,000 square feet
  • Berkeley, 50,000 square feet
  • Boston, 35,000 square feet or 35 units
  • Cambridge, 49 units
  • Chicago, 50,000 square feet
  • Denver, 50,000 square feet
  • Evanston, 100,000 square feet
  • Kansas City, 100,000 square feet
  • Los Angeles, 100,000 square feet
  • New York, 50,000 square feet
  • Orlando, 50,000 square feet
  • Philadelphia, 50,000 square feet
  • Portland, ME, 50+ units
  • Seattle, 5+ units
  • South Portland, ME, 10+ units
  • St. Louis, 50,000 units
  • Washington, DC, 50,000 square feet

You can find more information on California’s benchmarking regulations at the opens in a new windowCalifornia Energy Commission.

    Contact our sales department for more information.

    Get a FREE Consultation Now!

    Please complete the form to learn about our utility billing services and submetering solutions.

    MULTIFAMILY UTILITY COMPANY CUSTOMER TESTIMONIALS

    national submetering and billing

    NATIONAL UTILITY BILLING SERVICES

    Multifamily Utility Company provides Utility Billing services to all fifty states. We stay up to date with Utility Billing regulations to ensure proper setup and a seamless, error free implementation. Find out the current utility regulations in your state. LEARN MORE

    CORPORATE HEADQUARTERS
    P.O. Box 86531
    San Diego, CA 92138-6531
    Email | (800) 266-0968

    Resident Services
    P.O. Box 86229
    San Diego, CA 92138-6229

    ACCOUNT MANAGEMENT
    Account Managers work directly with the property to assist with billing and training.
    Email | (800) 266-0968

    SALES TEAM
    Our Sales Team can assist property owners or management companies with information about our products or services.
    Email | (800) 266-0968
    GET A QUOTE

    CUSTOMER SERVICE
    Our customer service department will assist residents with billing, account set-up, or payment processing.
    Email | (800) 501-6820

    THINKING GREEN TO KEEP OUR PLANET BLUE

    Multifamily Utility Company is dedicated to a sustainable environment through awareness and conservation. LEARN MORE